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20120926
20121004
Search Results 0 to 12 of about 13 (some duplicates have been removed)
with the oracle chairman and ceo larry ellison coming up. i'll see you tomorrow. >>> and it is 4:00 on wall street. 1:00 p.m. in san francisco. do you know where your money is? hi, everybody. welcome back to the "closing bell." big reversal of fortune in the final hour of trading. i'm maria bartiromo. here's what we're following at the close. mixed market on wall street today. the dow climbing 52 points early in the trading session giving back all those gains and them some, but coming back by the close. the nasdaq closing in the green due to a big late day gain by apple. a complete reversal there as well. the dow jones industrial average closing down just about 30 points after coming back from that early day loss. what should you do? what do you make of another late-day swing? a trio of top strategists will be weighing in coming up in the program. then a rare and exclusive interview for you with larry ellison. the stock has been on fire. we have so much to get with him, including if oracle is looking to do more deals. plus, his take on apple's future without his close friend steve jobs. and interv
" today. i'm maria bartiromo coming from you live today from oracle, the open world conference in san francisco. we have the interview you've been waiting for on the horizon. don't miss my interview with oracle ceo larry ellison. we have his take on oracle's future, how he's making a splash in and out of the executive suite and of course the economy and business in america as well as globally. we're going to talk with him at 4:30 p.m. eastern. before that, we have some heavy hitters coming up, including the former yahoo! ceo and the coca-cola ceo. all of a that coming up in the program. meanwhile, let's get back to the markets. we have a double-digit decline. in fact, it looks like the dow is on track to close lower for the sixth time in eight trading sessions. the dow jones industrial average now at 13,436, a decline of about 0.5%. if we close lower today that, would be the sixth decline in the last eight trading sessions. a bit of worry about earnings on the trading horizon, as we are expected expecting the stream of earnings to take effect. weakness in apple today. it is about 5% o
oracle headquarters in san francisco, where i'll be speaking exclusive by with oracle president mark hurd later on in the program. hope you'll stay tuned for that. >>> meanwhile, we've got to talk about this big rally. i have to ask hurd what he makes of this market. for whatever reason, it keeps going higher. >> yeah, whether that has something to do with corporate earnings, we will know soon enough, momm maria. the dow was up 163 points at one time today. at the high of the day, the big gains coming before investors took in fed chairman bernanke's comments this afternoon we've all been talking about. we will have reaction to that address in the q&a session plus the outlook for the last three months of the year in just a moment. first a look at the major averages. a rally on the open this morning, mainly on the report that manufacturing started to grow again for the first time since may. construction spending was not great. that may have taken some of the sheen off this rally today. the dow up. 117 points right now at 13,555. the nasdaq's up 5.25 points. well off its high set in the open
herd, hp without mark herd. >> oracle's larry ellison said it here exclusively yesterday. today, hp gets hammered. another reason why "closing bell" is must-see tv. >>> and the man with the plan. mitt romney briefly unveils his version of tax reform ahead of tonight's presidential debate. but will it work to close the gap in the polls? we'll break it all down right here on the "closing bell." when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. apple helping to push the nasdaq higher for a second straight day. we said this yesterday, but it's worth repeating. apple accounts for just under 19% of the nasdaq 100. let's get to bertha coombs. >> it really is the big apple. yesterday we saw a technical reversal and a technical levels. apple shares
themselves on route 1 in california thanks to google. >> take a look at shares of oracle, surging today on the first day of its open world conference. it's up 1.6%. really nice, strong gain, bucking the trend amongst its peers, as well as a broader market. one of those ipos going to hit the market workday. that's a cloud play, expected to be a hot ipo. in fact, people are already estimating that revenues will hit $1 billion by 2015. so workday is that ipo. could be in oracle's back yard in terms of competition. >> i find it amazing. oracle's application growth was nil. and there frankly is not -- the growth tends to be acquisition growth. and people love it. they don't look through the numbers. one of the frustrating things for the purists is there wasn't a lot of growth in oracle and the stock didn't get hit. this is a remarkable time, guys. here you don't have the classic what you want to see from tech, which is good revenue growth and no one seems to mind. >> i think in certain companies, investors are willing to look past. that's oracle, that's amazon, a number of them. and they're
oracle has inspired confidence and leadership. this is what oracle ceo told me yesterday about leadership citing apple with steve jobs and hp. >> i have great respect for that company and tim cook. i will say it again. steve is irreplaceable. we have all lost something. he was our edison. he was our picasso. there is no one like him. apple will thrive but not like when steve was around. look what mark did when he was at hp. people forget how much trouble hp was in when he took over and what a spectacular job he did. it is like looking at the apple results. hp without mark herd. >> it is truly amazing with the person in the proith position might do but it is sad what the damage one person in the wrong position and charge. we are seeing bad leadership in too many posts. >>> we have a lot of economic data out tomorrow. dow industrials at 12 points. nasdaq composite at 3,135 and the s&p 500 up 5.24.
oracle customers access to nokia's map services. the agreement would be announced today at the oracle world conference. i've never known that maps would be so important in everybody's lives. such big important -- >> huge. >> saw something over the weekend about -- >> ever a day when apple gets maps? >> apple has a lot of money. if they just start pouring all money they have into making this better, they've gotten the message. >> i talked to engineers on bring that said it is impossible, it might take you three years to get the information to be correct. it's actually the data. >> and google has truck has go up and down -- carl had written that one drove by his, the google truck that has the camera going around. >> you can't just write an al go rhythm that finds every single side street. it's a lot of roads. >> use everybody who has an iphone to replicate what google has done by having people literally use their iphone to actually take pictures of buildings. >> to help? >> yes, to help to try to recreate crowd sourcing operation. >> i'm not helping. that could be a tux tie. >> it's a w
, effective october 22nd. he helped to restructure a software company that sold itself to oracle too. that's the kind of activist cfo yahoo! needs. the fact that she picked him tells them they're going in the right direction. the plan we will hear more about when they report in two weeks, i think the stock can start marching higher. the reason is simple. the company can get aggressive about unlocking the pieces, and yahoo! has got a lot to unlock. last week goldman sachs came out with a terrific piece. i said i'm changing my mind. this is really good research where they added yahoo! to the buy list based on the sum of the parts analysis, some of the most rigorous analysis on yahoo!. let's go through the pieces. first, yahoo! owns a major stake in ali baba, like the ebay and paypal of china. the old management didn't know what to do with it. that changed back in may when mayer's predecessor interim ceo ross levinsohn worked out a deal to have ali baba buy back half of yahoo's position. this sale closed less than two weeks ago with yahoo! netting $4.2 billion in cash after taxes and fees. an
for subscribing and being a part of the club where i am on the board. salesforce.com, after the oracle conference, i feel better about salesforce.com. continue on the calls. sell some $165. ed in massachusetts. ed? >> caller: big boo-yah to you, cramer! >> boo-yah back at you. >> caller: jim, i want to thank you first for advice in my i.r.a. do you still by wm? >> yes. you're being paid to wait. it was described that without increasing amount of construction work, waste management -- he believed would not be able to deliver the numbers. it's a major user of waste management. i have to go with his analysis. scott in texas. scott? >> caller: boo-yah, jim. calling from houston, home of the undefeated houston texans and only truly professional football team in the state. is this a buy and do you think the mlp distributions will be taxed if the tax credits expire in 2013? >> i'm going to take them backwards. i think the tax credit is going to be fine. enterprise partners is terrific. and i'm torn playing hernandez. let's go to vince in california. vince? >> caller: boo-yah, cramer. >> boo-yah. >> call
might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the decision of the oracle board of directors. i believe we'll gradually increase the dividend as opposed to dublg it or tripling it all at once. nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all right, andrew. thank you. >>> my stories don't deserve that music? okay. thank you. you know what? i'm so nervous now and unsettled, i don't know what's coming. >> we've been working on new music, trying to find new things -- >> those drums, though. i'm so nervous about what's coming. iswhatoming during the show? is it the debate? is it the employment report? is it 2012? >> i thought this music was -- last week, i made an error. i thought this music was the nfl music. >> no. >> it might be this -- >> china's normally robust
and oracles of world that are expanding the pie, creating opportunities -- >> but he's also got to say something about spending. in many cases spending cuts are more important than tax cuts in this debate. he's going to talk spending. you know that jim lehrer, who is very good at this, is going to ask romney for specifics on this. what are the specifics on spending cuts? we've not heard them. >> we know where the problems are in the federal budget. medicare is responsible for a quarter of the federal debt in the last ten years. i have a plan to take action and get that under control. the president doesn't. if you look at his budget, they are a recipe for middle-class tax hikes. you cannot spend that kind of money without taxing the middle class. it's arithmetic, it's not politics. one of the things that governor romney has to do tonight is make the president own his record. his record's very unpopular. his policies are very unpopular but the president is very slippery and evasive and good at finger pointing. that's got to stop tonight. >> how can romney talk about spending cuts and med
, but when you think about icht t. spending, it is oracle and cisco. the one thing confusing for me is ibm, sap, they both said business is quite strong. accenture just said these are strong. imperricly he's wrong. anecdotely he's right, imperricly he's wrong. >> not just highs but record highs in yesterday's recession. we are seeing the providers do well in today's stock market. >> i'm surprised how often it comes up when i have decision makers talking with me they are unwilling to commit additional capital as needed. we hear it from our guests, it comes up time and again. it is somewhat overstated. can it be paralyzing business to such an extent? but it is there and i think stories like today's "new york times" which indicate perhaps -- >> you mean sorkin. >> no, progress on the front page of "the new york times" perhaps that will be embraced. imagine what would happen if we dealt with the budget deficit in a meaningful way and did deal with the issues? one thinks the uncertainty cloud goes away. if it doesn't, there's something else going on. >> i was referring to a sorkin column arguin
Search Results 0 to 12 of about 13 (some duplicates have been removed)